Holding companies and NBFCs reportedly adjust assets and income to avoid RBI scrutiny
The Economic Times reports, citing sources, that groups are restructuring balance sheets to stay outside RBI regulatory definitions and avoid registration and compliance requirements.
TLDR
The Economic Times reports, citing sources, that groups are reshaping NBFC and holding-company balance sheets to stay outside RBI regulatory definitions. NBFCs are boosting non-financial income, while CICs are changing their asset mix, the report says.
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